In 1989, Kopitiam founder Lim Bee Huat made headlines when he paid $2.1 million for a coffee shop in Bishan Street 11.
People thought he was crazy for spending so much on a Housing Board coffee shop, but he silenced his critics as he grew his Kopitiam empire by acquiring more coffee shops in Rochor Centre, Victoria Street, Clementi, Whampoa and Toa Payoh.
TO READ THE FULL ARTICLE
Thank you for reading The Straits Times
You have reached one of our Premium stories. To continue reading, get access now or log in if you are a subscriber.
What is Premium?